Jenks, Okla., Aug. 08, 2019 – Gateway First Bank, one of the largest banks in the State of Oklahoma and one of the largest mortgage operations in the United States, achieved record production volume for the month of July, surpassing $767 million in residential mortgage loans.
Last year, Gateway experienced record growth, funding more than 29,000 loans for a total of $6.1 billion in mortgage loans, a ten percent increase from 2017. This year, Gateway has already originated more than $3.8 billion in mortgage loans through July. The company now expects annual loan volume in 2019 to exceed $7 billion, another record year.
“Gateway has strong momentum, outperforming our competition and exceeding market averages because of the quality of our team members, their commitment to hard work for our clients, our on time every time promise and our dedication to service excellence,” said Stephen Curry, Chairman and CEO at Gateway. “We expect 2019 to be another record-breaking year and are developing plans to achieve $10 billion of production by 2021.”
About Gateway First Bank
Gateway First Bank is one of the largest banks in Oklahoma and offers a full suite of banking services. Founded in 2000 and headquartered in Jenks, Okla., Gateway has over 1,200 employees in five banking centers, over 160 mortgage centers nationwide and currently services $16 billion in residential mortgages. For more information about Gateway, visit www.gatewayfirst.com Gateway First Bank, Member FDIC, Equal Housing Lender (NMLS 7233).